News Feed

It was a rollercoaster session for stocks Thursday, but the Dow Jones Industrial Average ended 37.16 points higher at 11541.78. The Dow Industrials have changed direction in each of the last 10 sessions.

NEW YORK—Asset managers looking to be included on sponsor brokerage platforms need to focus on one core value: relationships.

Firm principals will need to manage costs and people effectively or risk falling behind their peers, Mark Tibergien, chief executive officer of Pershing Advisor Solutions, said during a Money Management Institute conference address this week.

Wells Fargo’s Rich Lowrie helped craft the tax proposal that’s driving political debate.

Following periods of market turbulence, investors always look for transparency and liquidity, which will inevitably attract more assets to the $1.2 trillion exchange-traded fund industry, speakers at the Money Management Institute Fall Solutions 2011 conference said Wednesday.

NEW YORK—Following periods of market turbulence, investors always look for transparency and liquidity, which will inevitably attract more assets to the $1.2 trillion exchange-traded fund industry, speakers at the Money Management Institute Fall Solutions 2011 conference said Wednesday.

The United Kingdom Competition Commission said it had provisionally found that the acquisition of the largest all-electronic trading facility in Europe by BATS Global Markets would not significantly block competition.

Exchange-traded funds have become the latest investment product to fall under the Securities and Exchange Commission's radar.

NEW YORK—With deleveraging debt now the modus operandi of the U.S. economy, the “tailwind of economic growth has been taken away,” said Curtis V. Arledge, vice chairman and chief executive officer of investment management at BNY Mellon.

Tune out. That’s essentially the message from Eleanor Blayney, consumer advocate with the Certified Financial Planner Board of Standards.